Overview
Rosenthal & Rosenthal is a privately held commercial finance firm in New York. In May 2025 it began doing business as Rosenthal Capital Group, moved its headquarters from 1370 Broadway to 300 Park Avenue, and launched a new website and brand. Its old domain, rosenthalinc.com, no longer resolved when we checked in November 2026, so the company's current site is rosenthalcapitalgroup.com. Much of the trade press, and many borrowers, still use the old name.
The firm's history is unusually long. Its timeline says Imre J. Rosenthal, a certified public accountant, opened the business at 1451 Broadway with a line of credit from his brother, and the 2025 rebrand announcement dates the founding to 1938. The company is now run by the third and fourth generations of the family, with Peter Rosenthal and Ken Kleiner as co-presidents. Its homepage says it has 550 clients and 5 offices: New York, Chicago, Atlanta, High Point in North Carolina, and Los Angeles.
Rosenthal has grown through acquisitions. Its timeline lists the purchase of BB&T Bank's factoring portfolio, and its news page reports buying the factoring division of Lyon Credit Services, which expanded its reach in the furniture industry, and Accord's US equipment leasing division. Its news page also notes that the Export-Import Bank of the United States appointed it a delegated authority lender, which matters for companies that sell abroad.
Factoring is one of five product lines. The services page lists asset-based lending, direct-to-consumer brand financing, factoring (non-recourse, recourse and international), purchase order financing and equipment financing, with loans up to $40 million.
Rates, advances and fees
Rosenthal does not publish factoring rates, advance rates or a fee schedule. That is normal for a middle-market factor whose facilities are negotiated individually, but it means you cannot compare cost until you are in a term-sheet conversation.
What Rosenthal does publish is the size of business it wants. Its 2025 rebrand announcement describes its clients as small to middle-market companies with facilities ranging from $500,000 to more than $40 million. A $500,000 facility is a large starting point for a small business. If your receivables are well below that, Rosenthal is unlikely to be the right fit.
Recent deal announcements give a sense of scale. In April 2025 the firm reported three non-recourse factoring deals in apparel, outerwear and accessories totaling $280 million in annual sales volume. The largest was a New York outerwear company doing more than $250 million in annual sales; the smallest was a New Jersey women's apparel company doing $10 million. In February 2024 it announced two recourse factoring transactions totaling $5 million, plus a $2 million purchase order facility, for a New Jersey logistics company and a Canadian equipment distributor.
When you get a proposal, ask for the factoring commission, any minimum annual fee, how interest is charged on advances, and the cost of the credit protection itself. Non-recourse factors often price the credit cover separately from the funding. Our guide to hidden factoring fees covers the other line items.
Contract terms
Rosenthal offers both main structures. Its services page lists non-recourse, recourse and international factoring and describes factoring as a service for businesses selling on terms that need credit protection, collections and receivables management, advances against receivables and inventory, or a combination.
Non-recourse is the firm's traditional strength. In an interview with the Secured Finance Network, its director of recourse factoring said the firm's non-recourse business has historically centered on apparel, home goods and furniture. Under non-recourse factoring, Rosenthal approves your customers' credit and takes the loss if an approved customer cannot pay for credit reasons. As with every non-recourse product, that protection does not usually cover disputes, returns or quality claims. See our guide to recourse vs non-recourse factoring.
The recourse division widens the customer base. In the same interview, Rosenthal's chief lending officer said recourse factoring fits service businesses such as staffing, light manufacturing and assembly, as well as start-ups, turnarounds and companies that have grown quickly but are not yet profitable. The division's stated aim is simple agreements and straightforward cost structures.
Rosenthal's structures are flexible. The 2025 outerwear deal used a non-notification collection factoring agreement alongside the client's existing bank lender, meaning Rosenthal provided customer credit protection without displacing the bank. The New Jersey accessories deal advanced against both receivables and inventory.
We found no published contract length, termination fee or notice period. Middle-market factoring agreements often run for a fixed term with automatic renewal, so read the term, renewal and termination clauses closely. Our guide to reading a factoring contract lists what to look for.
Funding speed and service
Rosenthal does not advertise same-day funding or a self-service app, and it does not compete on speed in the way online factors do. Its pitch is relationship-based: a family firm that works alongside banks, private equity sponsors, lawyers and turnaround advisers, and that its homepage says has seen "every kind of opportunity and disruption imaginable". Its deal announcements emphasize moving quickly when a client's existing lender cannot scale, but they do not give funding times.
The firm's head office phone number is (212) 356-1400. We searched the Better Business Bureau for a Rosenthal & Rosenthal profile in New York in November 2026 and found no matching factoring profile, so we have no complaint record to report. That makes reference checks more important than usual. Ask Rosenthal for two or three current clients in your industry and of a similar size, and ask them how quickly credit approvals come back on new customers, how disputes and chargebacks are handled, and how the firm behaved the last time their business hit a rough patch. Because the company changed its name in 2025, also confirm that the legal entity on your agreement and on any UCC filing is the one you expect.
Who it's for
Rosenthal is built for established companies that need more than cash flow: credit protection on retail or wholesale customers, outsourced collections, and the option to combine factoring with inventory, purchase order or international financing. Apparel, home goods, furniture, consumer products, food and beauty brands appear repeatedly in its deal announcements. Its recourse division extends that to staffing, light manufacturing and fast-growing companies that a bank has turned down.
It helps to understand why credit protection is the core of the offer. A brand that sells to department stores, off-price chains or large online retailers can have a large share of its receivables tied up in a few customers. If one of them files for bankruptcy, a single unpaid season can wipe out a year's profit. A non-recourse factor that has approved those customers absorbs that loss, and it also does the credit work of deciding how much each retailer can safely owe. For many apparel and home goods companies, that protection is worth paying for even when they have enough cash. Rosenthal's 2025 outerwear deal, where the client mainly wanted to manage credit risk and kept its bank for funding, is a good example.
It is not for owner-operators or small businesses that want to factor a handful of invoices on short notice. The $500,000 facility floor, negotiated pricing and absence of a self-serve process all point to a middle-market lender.
Pros and cons
Pros
- Family-run firm founded in 1938 with deep factoring experience
- Non-recourse, recourse and international factoring under one roof
- Can combine factoring with asset-based lending, purchase order and equipment financing
- Facilities up to $40 million or more
- Non-notification structures that can sit alongside an existing bank
- Delegated authority lender with the Export-Import Bank
- Offices in five US cities
Cons
- No published rates, advance rates or fee schedule
- Facilities start around $500,000, too large for many small businesses
- No published contract length or termination terms
- Not built for fast, self-serve funding
- Recent rebrand and dead old domain can confuse borrowers checking references
- No BBB profile found to check complaint history
How it compares
Among the factors we profile, Porter Capital is the nearest alternative for businesses that want both recourse and non-recourse options but need smaller facilities. Riviera Finance is another non-recourse option in our profiles, with local offices. For a bank-owned factor with published fee ranges and no minimum facility size stated, see altLINE. Use our calculator to model what a proposed rate means for your margins.
Frequently asked questions
Is Rosenthal & Rosenthal the same company as Rosenthal Capital Group?
Yes. In May 2025 Rosenthal & Rosenthal announced it would do business as Rosenthal Capital Group, and it moved its New York headquarters to 300 Park Avenue at the same time.
Does Rosenthal offer non-recourse factoring?
Yes. Its services page lists non-recourse, recourse and international factoring. Non-recourse is its traditional product, historically focused on apparel, home goods and furniture.
What size of business does Rosenthal work with?
Its 2025 announcement describes small to middle-market clients with facilities from $500,000 to more than $40 million.
Does Rosenthal publish its factoring rates?
No. Pricing is negotiated per facility. Ask for the commission, any minimum fee, interest on advances and the cost of credit protection in writing.
Where are Rosenthal's offices?
Its contact page lists New York, Chicago, Atlanta, High Point in North Carolina, and Los Angeles.